I'm with you and the GP, but I suspect all three of us have pursued a balanced and satisfying career instead of the one with top of market compensation.
Some of the folks here don't see alternative options when FAANG compensation is some integer multiple of what the rest of the industry has been supporting for the last 40+ years, and I don't entirely blame them for that. I'm not surprised when some later find themselves miserable and feel like they're trapped by golden handcuffs and insufferable bureaucracy, but I understand how they got there.
Yes, I’ve been in tech for 30+ years and just recently broke 6 figures in salary. But I live where a nice house is under $300K and I take satisfaction in living frugally.
Webdev in various stacks, database design, programming and administration, linux administration. Mostly in higher ed with a few forays into short-lived startups.
As someone currently in the process of trying to move from a cushy, interesting startup job to a soulless FAANG for that compensation multiple, the ONLY reason I'm doing it is because I have a young kid now. I wish there was another way, but it is genuinely impossible to provide a comfortable level of family life on a startup salary, unless your partner is also in tech and is ok with not being a stay at home parent.
> I wish there was another way, but it is genuinely impossible to provide a comfortable level of family life
It's all a matter of perspective, isn't it? It's basically the top 1% speaking. And you can't tell me that the other 99% have miserable lives.
> unless your partner is also in tech and is ok with not being a stay at home parent.
Stay at home parent is a choice, and a pretty expensive one. One does not have to choose that and can still live a comfortable life. Many women (and let's face it, we're unlikely discussing the man staying at home for the next 7-15 years, eh?) even prefer not to interrupt and/or basically end their careers because of parenthood.
Americans often look to Europe, claiming that these things are so much easier there, which might be true, but at least as much is it a matter of personal choice as well.
Can confirm that the 99% have very comfortable family lives, lower stress jobs, plenty family time... (based on having many lower income friends) Bottom n% is a different story, but a FANG salary is not a necessity unless your lifestyle choices and personal expectations make it so.
I'm guessing those lower income folks either don't live in HCOL locations or were fortunate enough to buy their homes before the pandemic. My family is all in HCOL, so with a young kid it's not really feasible to move away (or to go back in time and get a better deal on the house).
Yes, to some extent the asinine expenses of people like me are a result of various choices we made, but that's assuming those choices had any really realistic alternative at the time. And now I'm stuck.
There are other companies, too. I work at, statistically speaking, Your Phone Company, and they don't pay FAANG money but they certainly pay a lot better than I was doing at startups.
Caveat: I don't live in the Bay Area, though the Boston area isn't exactly cheap.
Thanks! It's an interesting place, and I think the technical quality depends pretty heavily on what org you're in. But the quality-of-life is very high and I'm mostly enjoying myself.
Some of the folks here don't see alternative options when FAANG compensation is some integer multiple of what the rest of the industry has been supporting for the last 40+ years, and I don't entirely blame them for that. I'm not surprised when some later find themselves miserable and feel like they're trapped by golden handcuffs and insufferable bureaucracy, but I understand how they got there.